Binance names Yi He co-CEO at Dubai event

At Binance Blockchain Week Dubai, binance names yi he co-ceo alongside Richard Teng. The change was unveiled in a Richard Teng keynote and tied to a main-stage panel with Ripple’s Brad Garlinghouse and Solana’s Lily Liu, according to Reuters and the Financial Times. The move formalizes dual leadership at the exchange.

The panel capped a busy opening day. Moreover, Moneycontrol and AGBI highlighted the Dubai program’s emphasis on real world adoption and infrastructure across tokens, stablecoins, and compliance.

Timeline: key December 2025 crypto and event milestones

Digital asset ETP inflows turned positive in the week to December 1, with US$1.06B of net subscriptions, per CoinShares. Consequently, digital asset ETP inflows broke a four week outflow streak.

On December 3, Vanguard allows crypto ETFs on its brokerage platform for third party issuers, according to Barron’s. This policy shift landed the same day as the Dubai panel and the leadership reveal.

Earlier in 2025, Abu Dhabi’s MGX used the USD1 stablecoin to invest in Binance, as reported by Reuters and the FT. In parallel, stablecoin adoption USD1 kept surfacing in deal flows and operational uses.

Bitcoin volatility and leverage flush out: panel’s take

Speakers described the recent drawdown as a leverage flush out. Additionally, they argued that sharp reversals are characteristic of crypto cycles. As one panelist put it, “Volatility should be embraced rather than feared.”

Stablecoins’ rising utility, from payments to deals

Garlinghouse said stablecoins are easier to manage and move in the region. Furthermore, Teng pointed to growing stablecoin adoption across venues and use cases. Reuters also noted that MGX used USD1 in its Binance investment, reinforcing stablecoin adoption USD1 beyond trading.

Liquidity and speed were recurring themes. In turn, stablecoin rails continue to lower cross border frictions for firms and funds.

Institutional access broadens: Vanguard opens crypto ETFs; inflows return

Vanguard allows crypto ETFs, giving its large client base the ability to trade approved third party products, Barron’s reported. That aligns with the week’s digital asset ETP inflows, which totaled US$1.06B.

For wealth platforms, timing matters. As institutional distribution improves, digital asset ETP inflows can stabilize issuance calendars and spreads. This, in turn, may reinforce demand in periods of macro uncertainty.

Solana’s “TCP/IP for money” vision prioritizes utility

Solana Foundation president Lily Liu framed the network’s aim as “TCP/IP for money.” She emphasized speed, cost, programmability, liquidity, and real world utility over speculation. Moreover, the priority is durable financial infrastructure, not short term hype.

Why Binance naming Yi He co CEO matters

Binance names Yi He co CEO at a moment of scale and scrutiny. According to available reports, the dual structure places a seasoned co founder alongside Teng, who became CEO in 2023.

The Richard Teng keynote context is notable. Because the reveal came on the main stage at Binance Blockchain Week Dubai, it signaled continuity to users, partners, and regulators. It also dovetailed with broader institutional themes visible across ETF flows and platform access.

What’s Next

Watch for additional updates from Binance Blockchain Week Dubai as programming concludes. Next, track digital asset ETP inflows after the December 1 reading to see if momentum holds. Also monitor client uptake now that Vanguard allows crypto ETFs and observe how stablecoin adoption USD1 proceeds in payments and dealmaking.

Finally, expect operational updates as Binance names Yi He co CEO and the company implements its dual leadership model. Any follow on disclosures or role definitions from a subsequent Richard Teng keynote would be notable.